Conversion to Marriott Branded Hotel

$6,500,000

About the Property

  • Units:
    178
  • Price ($):
    $6,500,000
  • Year built:
    1974
  • # Buildings:
    1 Building / 5 Stories
  • Corridor:
    Interior
  • Building:
    Concrete
  • HVAC:
    Individual units
  • Parking:
    Surface
  • Roof:
    Flat
  • Parcel Number(s):
    #562-32-004 (Cuyahoga)
  • Land Size:
    6.53 acres

Facilities

Room Revenue (Projected)
$4,800,000
F&B Revenue (Projected)
$2,000,000
Occupancy (Projected)
60%
ADR (Projected)
$125
RevPAR (Projected)
$104.66

Amenities

  • Breakfast Area
  • Conference Center
  • Exercise Room
  • Restaurant (owned)